Latest Resource Drilling News

FireFly Metals Ltd has announced a flow-through share offer aiming to raise approximately A$11.2 million, targeting Canadian investors to fund regional exploration drilling. This offer complements a broader capital raising strategy to advance development at the Ming Mine and other key projects.

Aguia Resources is ramping up production at its high-grade Santa Barbara gold project in Colombia while advancing a low-capital phosphate operation in Brazil, setting the stage for robust cash flow generation.

Cygnus Metals has reported impressive high-grade assay results from its Golden Eye prospect in Quebec, confirming multiple mineralised zones and setting the stage for an initial resource estimate.

James Bay Minerals has reported significant high-grade gold and silver intercepts extending mineralisation well beyond current estimates at its Independence Project in Nevada, highlighting strong growth potential.

Lefroy Exploration has secured its inaugural toll milling agreement for the Lucky Strike Gold Project, marking a significant step towards production with a February 2026 milling slot at Greenfields Mill.

GTI Energy’s recent Scoping Study for its Lo Herma Uranium Project in Wyoming highlights a promising low-cost in-situ recovery operation with strong economic metrics and a 7-year production horizon.

Nordic Resources has completed its acquisition of three gold projects in Finland’s Middle Ostrobothnia Gold Belt, significantly boosting its resource base with nearly one million ounces of gold equivalent. The company plans to start drilling by July 2025, aiming to unlock further value from these advanced assets.

Patriot Resources has identified a significant new copper mineralisation zone within its Sugarloaf licence in Zambia, revealing promising surface copper grades and a substantial strike length that could expand its resource base.

Eclipse Metals has announced a transformative 70-fold increase in its Grønnedal rare earths inferred resource to 89 million tonnes at a high grade of 6,363 ppm TREO, positioning the project as a globally significant critical minerals asset.

Sky Metals has expanded the high-grade tin zone at its Tallebung project in NSW, reporting strong initial drilling results that have prompted a major increase in its exploration program.

Nova Minerals is launching a major 15,000-metre drilling campaign at its Estelle Project in Alaska, targeting gold and antimony resources to advance feasibility and permitting. The program includes maiden resource drilling at the high-grade Stibium prospect and potential expansion pending U.S. defense funding.

New Murchison Gold Limited reports impressive high-grade gold assay results from 101 reverse circulation drill holes at its Crown Prince Gold Project, reinforcing confidence in a high-return open pit mining operation near Meekatharra, WA.